SPX Technologies shares fall despite raising data center revenue target
SPXC SPX Technologies Inc
$160.01 -4.83%
View chart & analysis → - 1SPX Technologies raised its data center revenue target to approximately $430 million.
- 2SPX Technologies shares have fallen by about 21% since the last report.
- 3Attention is focused on whether the company will meet The Street's expected third-quarter earnings per share of $2.15.
So what's the key point?
SPX Technologies raised its target for money earned from data centers to $430 million. However, the stock price has dropped by about 21%, so it remains to be seen if the company can meet the profits experts are expecting.
Source Earnings Whispers · View original ↗
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